59-18 Exhibits-Authorizing Correction of Previous resolution Authorizing Execution of Agreement with Fairview in 2017.pdf

RISK MANAGEMENT CONSULTANTS AGREEMENT quar THIS AGREEMENT entered into this day of gv 20.11, between the Township of West Orange (hereinafter referred to as GOVERNING BODY and FAIRVIEW INSURANCE AGENCY ASSOCIATES, INC., (hereinafter referred to as the CONSULTANT,) WHEREAS, the CONSULTANT has offered to the GOVERNING BODY professional risk management consulting services as required "ya AP (IF), and; WHEREAS, the GOVERNING BODY desires these professional services pursuant to the aali, Aol by the governing body of the GOVERNING BODY at a meeting held on , and; NOW, THEREFORE, the parties in consideration of the mutual promises and covenants set forth herein, agree as follows: Ai For and in consideration of the amount stated hereinafter, the CONSULTANT shall: a. Assist the GOVERNING BODY in identifying its insurable Property & Casualty exposures and to recommend professional methods to reduce, assume or transfer the risk of loss. b. Assist the GOVERNING BODY in understanding the various coverages available from the JIF. c. Review with the GOVERNING BODY any additional coverages that the CONSULTANT feels should be carried but are not avaitable from the FUND and subject to the GOVERNING BODY'S authorization, place such coverages outside the FUND. d. Assist the GOVERNING BODY in the preparation of applications, statements of values, and similar documents requested by the Insurer, it being understood that this Agreement does not include any appraisal work by the CONSULTANT. e. Review Certificates of Insurance from contractors, vendors and professionals when requested by the GOVERNING BODY. f. Review the GOVERNING BODY'S assessment as prepared by the FUND, assist the GOVERNING BODY in the preparation of its annual insurance budget. ‘ g. Review the loss and engineering reports and generally assist the safety